VICI Properties (NYSE:VICI) Issues Quarterly Earnings Results, Misses Expectations By $0.10 EPS

VICI Properties (NYSE:VICI) issued its earnings results on Thursday. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10), Zacks reports. The business had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. VICI Properties updated its FY 2025 guidance to 2.320-2.350 EPS.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $31.25 on Friday. The stock has a market cap of $32.95 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 3.88 and a beta of 0.95. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock has a 50 day moving average price of $29.59 and a 200-day moving average price of $31.43. VICI Properties has a one year low of $27.08 and a one year high of $34.29.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 67.58%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VICI. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Truist Financial decreased their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. JMP Securities restated a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Finally, Barclays cut their price target on VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $34.20.

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.